Cheap Apartments for Rent near Monticello, KY from $600 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in Monticello.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Daugherty Lofts
Rent Specials
$1,065 - $1,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,065 - $1,475
Total Monthly Price
$1,065 - $1,475
1 to 3 Bedroom Apartments Available Now

Daugherty Lofts

307 N Main StClinton, TN 37716
Luxury
  • Verified
  • Low Income

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Governors Place
2 to 3 Bedroom Apartments

Governors Place

115 Governors Place LnLivingston, TN 38570
  • Utilities Included
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Oakhill Apartments
2 Bedroom Apartments

Oakhill Apartments

5540 N Broadway StKnoxville, TN 37918
  • Utilities Included
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University Towers
1 Bedroom Apartments

University Towers

1218 Byrne AveCookeville, TN 38501
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Alluvian Terrace
3 to 4 Bedroom Apartments

Alluvian Terrace

255 Quinland Lake RdCookeville, TN 38506
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Magnolia Terrace
1 Bedroom Apartments

Magnolia Terrace

222 Broad StJellico, TN 37762
Senior Living
  • Utilities Included
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230 Denton Ave
2 Bedroom Apartments

230 Denton Ave

230 Denton AveCookeville, TN 38501

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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508 E Broad St
1 Bedroom Apartments

508 E Broad St

508 E Broad StCookeville, TN 38501
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1816 Stargazer Dr
2 Bedroom Apartments

1816 Stargazer Dr

1816 Stargazer DrCookeville, TN 38501
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1839 Stargazer Dr
2 Bedroom Apartments

1839 Stargazer Dr

1839 Stargazer DrCookeville, TN 38501
  • Smoke Free

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-41, Page 1 of 1

Monticello, KY Local Guide

Cheapest Available Monticello Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monticello, KY is a 1 Bed unit found at Eagle Creek Apartments priced from $700. Betty Jane Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Monticello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eagle Creek Apartmentsone bdr with balcony1BR,1BA$700
Betty Jane Apartments1 Bed, 1 bath1BR,1BA$700
Eagle VillageStudioStudio,1BA$800
Century LoftsOne Bed1BR,1BA$900
Saxony Apartment Homes1BR/1BA w/d1BR,1BA$921
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$995
1994 Bouton BendEagles Bend 2/12BR,1BA$995
Daugherty Lofts1X11BR,1BA$1,065
Arrowhead RanchRHP2BR,2BA$1,099
70 E 18th St2 Bedroom2BR,1BA$1,111

Best Value Apartments for Rent in Monticello, KY and Nearby

As of July 25, 2026 the best value apartment in the Monticello area is the $1.15 price per square foot Springfield II Model at Copper Springs by Meadows Properties in the starting from $1,725. The second greatest value Monticello apartment is the The Dream Model at Green River Lake Commons starting at $1,144 with a $0.94 price per square foot . Here is today’s list of the best values for Monticello apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Copper Springs by Meadows PropertiesSpringfield II3BR,2.5BA$1.15
Green River Lake CommonsThe Dream3BR,2BA$0.94
Cottages on TazewellTudor2BR,2BA$1.42
70 E 18th St2 Bedroom2BR,1.5BA$1.10
1840 Summerhaven Ave2 Bedroom2BR,1.5BA$1.19
Arrowhead RanchRHP2BR,2BA$1.14
1994 Bouton BendEagles Bend 3/23BR,2BA$1.25
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.04
Century LoftsOne Bed1BR,1BA$1.29
Betty Jane Apartments1 Bed, 1 bath1BR,1BA$1.27

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monticello, KY Rentals by Map

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See the most popular apartments and homes in Monticello, KY

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Frequently Asked Questions about Cheap Monticello Apartments

How much is rent for a Cheap One Bedroom Monticello Apartment?

The lowest price for a Cheap One Bedroom Monticello Apartment is $700 at Eagle Creek Apartments.

What is the lowest price for a Cheap Two Bedroom Monticello Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Monticello is starting from $860 at Betty Jane Apartments.

What is the most affordable Monticello Three Bedroom Apartment?

The best deal on a cheap Monticello Three Bedroom Apartment rental is at Betty Jane Apartments and starts from $1,000.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.